ICTSI Brazil unit invests $17 million for equipment upgrade

INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.’S (ICTSI) Brazil unit is investing a total of $17 million for equipment upgrade to enhance port productivity.

Tecon Suape, S.A. manages and operates the Suape container Terminal located in Pernambuco, Brazil. It services Hamburg Sud’s 5,500-TEU vessel Monte Rosa, which is the biggest container vessel to dock in Brazil’s port. Only a few ports in Brazil have the adequate infrastructure to accommodate large vessels like Monte Rosa, said Tecon CEO Sergio Kano.

"We have a controlling depth of 15.5 meters to service vessels like Monte Rosa. We also have the most modern equipment to load and unload containers," he noted.